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Tue · Oct 27 2026 · Agente

Señal Argentina · October 27, 2026

Machine translation of the Spanish original. Read the original

The Central Bank interrupted its streak of 19 consecutive trading days of foreign currency purchases. This was the first day without acquisitions in almost a month. Strong demand to cover imports and foreign remittances absorbed the foreign exchange supply. The National Treasury intervened by selling US$100 million to contain the dollar's rise. The wholesale dollar registered its largest advance since August. The CCL rose 1.7% to $1,682.50 as of 2026-10-27, and the MEP advanced 0.9% to $1,577.50 as of 2026-10-27.

Señal Argentina · October 27, 2026
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The BCRA ended its buying streak and the Treasury intervened to curb the dollar

The Central Bank interrupted its streak of 19 consecutive trading days of foreign currency purchases. This was the first day without acquisitions in almost a month. Strong demand to cover imports and foreign remittances absorbed the foreign exchange supply. The National Treasury intervened by selling US$100 million to contain the dollar's rise. The wholesale dollar registered its largest advance since August. The CCL rose 1.7% to $1,682.50 as of 2026-10-27, and the MEP advanced 0.9% to $1,577.50 as of 2026-10-27.

Why it matters

The interruption in BCRA purchases slows down the rebuilding of reserves. This occurs amid increased foreign exchange tension, both external and local. The situation heats up financial dollar quotes. It also generates pressure on the sovereign debt curve. The Treasury's intervention shows market sensitivity.

What to watch

The continuity of foreign exchange pressure should be observed. The evolution of financial dollar quotes will be key. Also, the behavior of BCRA reserves. Future Treasury interventions could indicate persistent demand.

Also important

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Dashboard

official dollar $ 1.560,00 +0,6%
MEP $ 1.577,50 +0,9%
CCL $ 1.682,50 +1,7%
blue dollar (informal rate) $ 1.575,00 +0,6%
CCL / official gap 7,9%
country risk (EMBI) 765 bp 0 bp
Merval 2,848,945 points -0,4%
Monetary policy rate as of 10/23 22.2% nominal annual rate +0.23 pp
BCRA Reserves as of 10/22 US$50,169 M -59 US$ M
Oil US$101.95 +0,2%
Soybeans US$1,257.00 +1,3%
Copper US$6.61 +1,6%
S&P 500 (SPY) US$765.37 +0,7%
VIX 18.4 points -5,4%
US 10-year rate 4,99 % 0.00 pp

What to watch today

28/10 Treasury · Bills and bonds auction AR
28/10 FOMC · Fed rate decision US
29/10 US · Personal income and spending (PCE) US

This is not an investment recommendation. The information published is general and does not consider particular situations. Operating in financial markets implies risk of loss. Consult a registered financial advisor before making decisions (Law 26.831).

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